Prime Route 1 Location

Retail-Commercial for Lease
Catylist Listing ID: 30856137
Property Subtypes: Street Retail
Contiguous Space: 800 - 1,600 SF
Total Available: 800 SF
Gross Building Area: See Agent
Lease Rate: $15.25 PSF (Annual)
Base Monthly Rent: $1,016
Lease Types: NNN
Building Name: Clipper Center
Last Updated: 2/19/2024

Overview / Comments

Welcome to an exceptional opportunity to lease a prime retail space in the prosperous town of Yarmouth! This rarely available commercial space in Clipper Center offers a strategic location, amenities, and an inviting storefront that is perfect for a wide range of retail businesses. Possible to combine with neighboring unit for 1600 sf total.

This retail space is situated on U.S. Route One, the busiest and most desirable retail corridor in the city. It benefits from heavy foot traffic, high visibility, and proximity to major transportation hubs. Plenty of parking available for your customers' convenience.

The interior boasts 800 square feet with open floor space, providing ample room for displaying products and accommodating customers comfortably. The layout is flexible, allowing you to customize it to suit your business needs. There is a bathroom and kitchenette/office in the back. Newer Rinnai heater. Air conditioner wall unit. NNN lease with current CAM of $4.64 psf.

Expand All Available Space

Suite: 2 800 SF $15.25 PSF (Annual) NNN
Level/Floor: 1
Space Available: 800 SF
Max Contiguous: 1,600 SF
Lease Rate: $15.25 PSF (Annual)
$1,016 (Monthly)
Lease Type: NNN
Space Description: Open with a bathroom in the back.
Date Available: 2/18/2024
Space Type: Relet
Tax Expenses $29,310 PSF (Annual)
CAM Expenses $4.64 PSF (Annual)
Rent Escalators Description negotiable
Rent Concession negotiable

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Taxing Authority: Yarmouth
Tax ID/APN: 05260_031-067
Zoning: COMMERCIAL
Retail Clientele: Family, Tourist, Recreation
Property Located Between: I-295 Exits15 and 17
Property Visibility: Excellent
Largest Nearby Street: Portland St.
Feet of Frontage: 590
Highway Access: I-295
Airports: Portland International Jetport
Site Description: Flat, open, easy access.
Area Description: On Route 1 and Beth Condon Pathway, often used by bikers and walkers.
Tenancy: Multiple Tenants
Number of Stories: 1
Property Condition: Good
Year Built: 1980
Roof Type: Mansard
Construction/Siding: Steel Frame
Total Parking Spaces: 70
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity, Natural Gas
Heat Source: Wall Units
Air Conditioning: Other
Internet Access: Cable
Lot Frontage: 590
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,256 11,979 24,813
Median Age: 43.26 46.18 45.49
Households: 917 4,961 9,823

Contact

Photograph of Listing Agent

Amy Arata

Maine Real Estate Experts
NECPE Member
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